Iran: Radar Apparatus Market 2024

Radar Apparatus Market Size in Iran

The Iranian radar apparatus market dropped remarkably to $X in 2022, which is down by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, recorded strong growth. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Radar Apparatus Exports

Exports from Iran

After two years of growth, shipments abroad of radar apparatus, radio navigational aid apparatus and radio remote control apparatus decreased by X% to X units in 2022. Overall, exports, however, saw a pronounced expansion. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, radar apparatus exports expanded slightly to $X in 2022. In general, exports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

South Korea (X units) was the main destination for radar apparatus exports from Iran, with a X% share of total exports. Moreover, radar apparatus exports to South Korea exceeded the volume sent to the second major destination, France (X units), fivefold. Ecuador (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to South Korea totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Ecuador (X% per year).

In value terms, South Korea ($X) emerged as the key foreign market for radar apparatus, radio navigational aid apparatus and radio remote control apparatus exports from Iran, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by Ecuador, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to South Korea amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Ecuador (X% per year).

Export Prices by Country

The average radar apparatus export price stood at $X per unit in 2022, jumping by X% against the previous year. In general, the export price showed a prominent expansion. The growth pace was the most rapid in 2015 an increase of X% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Oman ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Radar Apparatus Imports

Imports into Iran

Radar apparatus imports into Iran fell significantly to X units in 2022, reducing by X% compared with 2021. In general, imports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, radar apparatus imports reduced remarkably to $X in 2022. Overall, imports, however, continue to indicate pronounced growth. The pace of growth was the most pronounced in 2021 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X units) constituted the largest radar apparatus supplier to Iran, with a X% share of total imports. Moreover, radar apparatus imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Oman (X units), fivefold.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates totaled X%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of radar apparatus, radio navigational aid apparatus and radio remote control apparatus to Iran, comprising X% of total imports. The second position in the ranking was taken by Oman ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates was relatively modest.

Import Prices by Country

The average radar apparatus import price stood at $X per unit in 2022, leveling off at the previous year. Overall, the import price recorded a noticeable downturn. The growth pace was the most rapid in 2015 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while the price for Oman totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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